Check Cost Calculator

The expense associated with physically printing a check is merely a small component of the total cost of a printed check to a corporation. Evaluating the true, total cost is an eye-opening exercise for many managers. Simply put, converting from checks to electronic payments is a proven way to not only reduce expenses*, but to also streamline operations and enrich the payment process with benefits entirely unavailable to checks.

*These efficiencies are available beyond a certain monthly threshold of checks processed.

 
Check Cost Calculator
 
Please complete each of the fields below and click Next button to proceed.
Required fields are identified by an asterisk ( * ).
 
Your Company  *
Your Name  *
Your E-mail  *
 
Number of checks issued monthly  *
 
 
Your check costs have been calculated using industry averages. Edit these averages by clicking a cell to enter your check costs. Click the Calculate Check Cost button to calculate your check cost.
 
When satisfied with your cost calculation, please click the Submit to Ruesch button to forward a copy of the results to Ruesch and the e-mail address you provided.
 
Per-Check Production Costs:
The hard dollar costs of generating and mailing checks and remittance.
 
Check stock
Envelope stock
Creation of check details report or stub
Toner
Check printing
Sorting, stuffing, sealing, transportation
Number of manual checks issued per month
Manual cost per check
 
Per-Check Delivery Costs:
The hard dollar costs of delivering a check, remittance or alternate payment.
 
Postage
Number of checks sent overnight delivery
Average charge for overnight delivery
Number of checks sent via courier
Average charge for courier
Number of checks sent via wire
Charge for wire
 
Per-Check Bank Fees:
 
Per item fee
Image capture/storage fee
Monthly maintenance fee
Daily transmission fee
Daily bouncer sheet fee
Number of check research requests/mo
Check research fee/item
Number of check copy requests/mo
Check copy fee/item
Number of stop payment requests/mo
Stop payment fee/item
Risk management charge per check
Treasury management charge per check
Escheat charge per check
 
Other Per-Check Fees & Costs:
 
Service contracts
(maintenance on equipment including printers, sorter, inserter, burster, postage meter)
 
Slow payment penalties
(e.g., lost discounts, interest charge for late payment, etc.)
 
 
 
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